. >> so president obama proposed his own corporate tax rate to get it down to 28%. >> that's right. >> what's your take on that? is that something that could be a starting point, improved upon? see, here's my problem, stevie. i don't see any urgency in this. and we ought to be, for the reason you said. we don't want to be number one in taxes. >> there should be an urgency. there should have been an urgency four or five years ago before this. i don't see it. i'll give you an example. last week there was a key amendment, jim demint, great idea. get rid of all the corporate welfare and all the special interest tax provisions in the tax code for oil, coal, wind, solar, everybody, ethanol. and use the save togz lower the tax rate. now, that's something about everybody should be in favor of. that only got 125 votes in the senate. every democrat voted against it. i thought they said they were for tax reform. >> what is the flaw in president obama's tax reform plan? >> i think the real problem is, larry, that the tax that would be imposed on foreign income -- and look, 80% of the markets are